Verifone Launches New Brand

Verifone unveils new brand and enterprise website to exemplify its class-leading payments platform offering

Verifone new logo

New Verifone brand identity

CORAL SPRINGS, Fla., June 30, 2023 (GLOBE NEWSWIRE) — Today, Verifone rebrands to highlight its innovative payment solutions by introducing a new logo, brand identity and global website to align with an updated vision. Verifone is now the “Payments Architect and Commerce Expert” partner for all businesses everywhere. Verifone’s robust product and services portfolio delivers on that promise as it spans digital payment solutions, secure payment devices, cloud-hosted Payments as a Service, merchant acquiring, point of sale technology, advanced business insights through data science, managed services practices, and more.

After rebuilding its entire offering and company culture under new leadership, the refreshed brand identity matches the innovation and passion of a new Verifone. Consumer recognition and trust in the Verifone name needed to be preserved while simultaneously highlighting Verifone’s heightened digital focus, future-first approach and leading position in the marketplace. The new iconography conveys the connected, modular and evolving nature of payments in modern life, and it shows the architectural role Verifone plays in payments and commerce. All of this comes together on Verifone’s new global website where consumers, merchants and other stakeholders are introduced to a new, more user-friendly Verifone experience. The new brand is extensible across business units and around the world.

Verifone T650m Mobile Payment Device

Verifone T650m Mobile Payment Device

With half a trillion dollars in transactions traversing its cloud via payment devices or Verifone-powered websites and apps, Verifone truly enables global commerce. Verifone stands out in the payments space where most businesses still piece together fragmented offerings from multiple providers to address complex customer needs. Verifone is the single provider with a comprehensive, flexible toolset that streamlines and reduces costs for any enterprise to accept payments.

“The world of commerce evolves constantly, and it is this dynamic environment that we’ve simplified and continue to revolutionize. Verifone started in the Fintech space over four decades ago, rapidly evolving our service offerings to meet the needs of all large and small businesses,” said Mike Pulli, Verifone CEO. “We are the critical commerce partner for businesses worldwide, offering solutions with a futureproof architecture. Our new brand matches our digital-first thinking, employee-focused mindset, and accelerated innovation. Our customers, and their customers, rely on Verifone every day.”

Verifone has focused intensely on new, innovative payment capabilities and features in recent years, significantly expanding the solution stack and enabling new markets. The company’s commerce expertise means its solutions can easily be adapted across nearly every vertical. From complex, global, omni-commerce retailers to a local vendor at a farmers’ market, Verifone futureproofs payment ecosystems and tech stacks.

Verifone M440 Multilane Payment Device

Verifone M440 Multilane Payment Device

To experience Verifone’s new identity, watch the introduction video https://vimeo.com/verifone/newbrandlaunch and visit the new corporate global website at https://www.verifone.com/en/global. New country-specific websites will go live in the coming weeks and months.

About Verifone

Verifone is the payments architect shaping ecosystems for online and in-person commerce experiences, including everything businesses need – from secure payment devices to eCommerce tools, acquiring services, advanced business insights, and much more. As a global FinTech leader, Verifone powers omni-commerce growth for companies in over 165 countries and is trusted by the world’s best-known brands, small businesses, and major financial institutions. The Verifone platform is built on a four-decade history of innovation and uncompromised security, annually managing more than 12B transactions worth over $500B on physical and digital channels.

Verifone Media Contact:
Email: Press@Verifone.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/e7b9f429-f5f1-4860-b995-5062fdf2a9ef

https://www.globenewswire.com/NewsRoom/AttachmentNg/fd30d469-60f2-47dd-b38d-3ad8691781c7

https://www.globenewswire.com/NewsRoom/AttachmentNg/41c98491-40b2-4ec3-ac59-94d7cacf78cd

GlobeNewswire Distribution ID 8867578

St Kitts and Nevis announces extension to Citizenship by Investment Programme Sustainable Growth Fund Limited Time Offer due to unprecedented demand

Basseterre, June 29, 2023 (GLOBE NEWSWIRE) — International investors have been clamouring to take advantage of one of the best deals in the investment migration industry this year – St Kitts and Nevis’ Sustainable Growth Fund (SGF) Limited Time Offer (LTO) which allows investors to gain approval for alternative citizenship in the country in as little as 60 days for a reduced fee.

In December 2022, the St Kitts and Nevis Head of the Citizenship by Investment Unit (CIU), Michael Martin, announced the enactment of the updated St Kitts and Nevis Citizenship by Investment Regulations 2023, which included the introduction of the LTO for the SGF investment option effective 1 January 2023 – 30 June 2023.

On 29 June 2023, Michael Martin made the following comment regarding the LTO:

“We have received an overwhelming response and demand for our Sustainable Growth Fund investment option through the Limited Time Offer and felt that we had to extend the offering for another seven months until 31 January 2024. International investors continue to see the value of the world’s first and finest Citizenship by Investment Programme and this proves it”.

The SGF remains the quickest and easiest route to alternative citizenship in St Kitts and Nevis and now until 31 January 2024, a main applicant can acquire alternative citizenship by contributing only US$125,000 to the SGF and receiving approval in principle within 60 days of acknowledgement by the CIU of submission of their application.

Under the LTO, the minimum SGF contributions are as follows:

  • Single applicant – US$ 125,000
  • Main applicant and a spouse – US$150,000
  • Main applicant and up to three dependants – US$170,000
  • Each additional dependant under 18 – US$10,000
  • Each additional dependant over 18 – US$25,000

Revenue from the SGF has facilitated economic development and social upliftment in the country. The SGF is used to provide financial support to educational institutions, and medical facilities, as well as support infrastructural development, increase tourism, preserve local culture and heritage and support sustainable growth initiatives in the twin-island nation.

Discerning investors are seeing the benefits of being part of St Kitts and Nevis’ success story. Following upgrades to the CBI Regulations, the country now offers one of the most secure and best-regulated investment migration offerings in the world.

This means that international investors looking to hedge their bets in a stable and growing economy should look no further than St Kitts and Nevis.

This extension is a fantastic opportunity for investors to obtain citizenship through the LTO. This is a final extension and from 1 February 2024, the minimum SGF contribution will increase to the amounts prior to the LTO period.

The country is making sure that it has only the best to offer international entrepreneurs and families who have realised that global powerhouses are no longer illustrious investment options due to security risks. Investors want to ensure that they can safeguard their families and wealth in a global economy that has been offering nothing but uncertainty since the onset of the COVID-19 pandemic in 2020.

Smaller governments such as that of St Kitts and Nevis have found ways, through CBI, to protect themselves from global shocks, offer favourable business policies aimed at growing corporations in international markets and, by using international funds channelled to the SGF, can diversify and grow their economy to meet global needs.

St Kitts and Nevis continues to create a name for itself as a financial nexus in the Caribbean with an attractive CBI programme underpinned by a sound legal framework and robust multi-layered due diligence.

For nearly 40 years, St Kitts and Nevis has been the pioneer of the global investor immigration industry and those who recognise this are taking advantage of the LTO.

St Kitts and Nevis continues to create a name for itself as a financial nexus in the Caribbean with an attractive CBI programme underpinned by a sound legal framework and robust multi-layered due diligence.

For nearly 40 years, St Kitts and Nevis has been the pioneer of the global investor immigration industry and those who recognise this are taking advantage of the LTO.

Chantal Mabanga
Government of St. Kitts and Nevis
+44 (0) 207 318 4343
chantal.mabanga@csglobalpartners.com

GlobeNewswire Distribution ID 8867177

US$1.73 billion debt breaks Akufo-Addo’s promise to keep lights on

There is an impending power crisis, as the Chamber of Independent Power Producers (IPPs) has directed its members to cut supply to the national grid from July 1, as a result of an outstanding debt of approximately US$1.73 billion.

This is in spite of President Nana Akufo-Addo’s promise to “keep the lights on” despite the country’s economic challenges.

Sunon Asogli, Cenpower, Karpowership, AKSA, Twin City Energy and CENIT make up the Chamber. The debt dates back to January 2021.

Interestingly, the Public Utilities Regulatory Commission (PURC) has been using such debt to justify various increments with the latest being an 18.36 percent increase in tariffs for both electricity and natural gas across all consumer groups.

The decision came after a comprehensive review conducted for the second quarter of 2023 and the new rate took effect from June 1, 2023, but is it obvious the IPPs are not being paid what is being charged consumers.

The directive to put out their available power capacity to the system operator will last till July 8. This implies that the impending crisis is not about generation capacity, but the hefty debt owed by the country.

The Chamber in an email directing its members and sighted by Citi News said, “Further to our planned industrial action on July 1, 2023, we would like each IPP to nominate nothing (zero nominations) and not declare an availability to the System Operator, beginning July 1 to July 8, 2023”.

With just a day to the expiration of the deadline given by the Independent Power Producers to shut down over outstanding arrears, the group is yet to meet the government for a favourable response prompting this latest order.

The two parties were expected to meet this week for an agreement on demands for a 30 percent interim payment of the arrears.

The IPPs argue that without receiving payment by the close of June 30, they will be unable to sustain the national grid.

“We are determined to get results at all cost,” the mail concluded.

Independent power producers play a significant role in Ghana’s energy sector, controlling 47 percent of the country’s total power generation mix and contributing 67 percent of Ghana’s thermal power.

As of May 2021, the six enterprises collectively claim an outstanding debt of approximately $1.73 billion in cedis, with the debt dating back to January 2021.

The IPPs highlight that this debt has hindered their access to working capital, preventing them from financing crucial inputs such as chemicals for water treatment in thermal generators and other supplies, many of which are priced in foreign currency, primarily the US dollar.

Elikplim Kwabla Apetorgbor, the Chief Executive Officer of the Chamber of Independent Power Producers, Distributors, and Bulk Consumers (CIPDiB), expressed their inability to convince creditors, contractors, and other essential stakeholders to further delay payments and maintain operations.

“Basically, we are saying that we lack the resources to continue generation beyond 30th June, and we are giving them [Finance Ministry] up to March. We didn’t hear from them, but the fact is beyond June we just don’t have the resource to continue to supply.”

Source: Ghana Web

See the state of abandoned Assin North road after the by-election

The massive construction of roads and other social amenities that was seen in the Assin North Constituency prior to the by-election in the constituency have reportedly ceased.

According to reports, most of the contractors commissioned by the Nana Addo Dankwa Akufo-Addo government have left project sites with their equipment abandoning projects they just started with state funds.

A video shared by Peace FM showed one of the abandoned road projects in Assin Akonfudi, a suburb of the Assin North Constituency.

Most parts of the road had been graded but only a fraction of one side of it has been tarred.

One can even see the bitumen applied on some parts of the road without gravels.

The residents according to Peace FM have been complaining bitterly about the abandonment of the road.

They are saying that the government was only deceiving them into voting for their candidate in the by-election.

About the Assin North election:

According to the Electoral Commission’s announcement, James Gyakye Quayson garnered a total of 17,245 votes, representing 57.56% of the total votes cast.

His closest contender, Charles Opoku of the ruling New Patriotic Party (NPP), received 12,630 votes, accounting for 42.15% of the votes.

Bernice Enyonam Sefenu of the Liberal Party Ghana (LPG) secured 87 votes, which represented 0.29% of the overall tally.

The by-election in Assin North was held to fill the parliamentary seat left vacant following a legal battle that questioned Quayson’s eligibility to hold office due to dual citizenship concerns.

Source: Ghana Web

Security guards ‘rough up’ Gyakie’s manager at Afro Nation concert in Portugal

Electro Mirror, manager of songstress Gyakie was roughed up by security guards at the venue of the Afro Nation concert in Portugal, according to multiple reports.

In a video shared by an entertainment blog, Anas Entertainment News, the artiste manager is spotted in black trousers, a white top and black boots.

Multiple officers are captured in a chaotic situation with Mirror who is pinned to the ground by two officials, one who has his knee on the head of the manager.

The officers lift him to another part of the beach venue before he is ‘released’ as they all walk away leaving him gasping for breath.

His release was confirmed by among others artiste manager and businessman George Mensah Britton who posted on social media that Electro Mirror is “very fine now.”

He added that “Party continues [champagne and glasses emojis].”

By party, he meant the three-day 2023 Afro Nation concert happening in Praia Da Rocha, Portimão, Portugal.

“Information reaching us from Portugal is that Gyakie’s manager, Mirror, is fine and stable now after receiving swift medical attention at the hospital,” entertainment journalist Olele Salvador tweeted at 11:16 PM, Thursday night.

Other Ghanaian stars performing at the concert also are 45 hitmaker Black Sherif and Sugarcane hitmaker Camidoh.

Police clash with Gyakie’s manager Mirror at Afronation Portugal ???????? pic.twitter.com/uMDxQybVwc

Source: Ghana Web

Second reading of LGBTQ+ Bill stalls due to absence of committee leaders

The second reading of the anti-LGBTQ+ Bill has been delayed due to the absence of the leadership of the Constitutional, Legal, and Parliamentary Affairs Committee of Parliament.

The Majority Leader in Parliament, Osei Kyei-Mensah-Bonsu, disclosed that the Chairman of the Committee, Kwame Anyimadu-Antwi and the Ranking Member of the Committee, Bernard Ahiafor were both unavailable for the reading of the Bill.

This was in response to a question posed by the MP for Ho West, Emmanuel Kwasi Bedzra about the reason for the hold-up in tabling the Bill before the House.

“The Bill that was advertised yesterday and today has not found its way to the Business Statement. The Motion by the eight private members on the Promotion of Proper Sexual Human Rights and Ghanaian family Values, has been advertised yesterday and today but unfortunately, it has not found space.”

“It has been advertised for two days and nothing has appeared on the Business Statement, so I want to find out from the Business Committee what they are doing about it,” Emmanuel Kwasi Bedzra stated.

The Speaker of Parliament, Alban Bagbin, had ordered the Business Committee in Parliament to schedule the debate of the Promotion of Proper Sexual Human Rights and Ghanaian Family Values Bill 2021 on Friday, June 23, 2023.

The Promotion of Proper Sexual Human Rights and Ghanaian Family Values Bill was submitted to parliament by the Constitutional, Legal, and Parliamentary Affairs Committee on March 31, 2023.

The Bill is a Private Members’ Bill sponsored by a bipartisan group of lawmakers.

The eight MPs who sponsored the Bill are Sam Nartey George (MP, Ningo Prampram), Emmanuel Bedzrah (MP, Ho West) Della Adjoa Sowah (MP, Kpando), John Ntim Fordjour (MP, Assin South) – the sole NPP MP sponsoring the Bill.

The remaining sponsors are Alhassan Sayibu Suhuyini (MP, Tamale North), Helen Adjoa Ntoso (MP, Krachi West), Rita Naa Odoley Sowah (MP, La Dadekotopon) and Rockson-Nelson Dafeamekpor (MP, South Dayi).

Source: Ghana Web

Sarkodie’s wife quotes the Bible amidst her husband’s controversy with Yvonne Nelson

Tracy, wife of Ghanaian rapper Sarkodie, has shared a cryptic post amid her husband’s controversy with Ghanaian actress, Yvonne Nelson.

She took to social media to share a bible verse and many are wondering who the post was directed to.

Her reaction comes after her husband’s release of a track titled “Try Me”, meant to address the allegations against him by Yvonne Nelson in her book.

Massive reactions welcomed the song which tackled Yvonne’s claims of being impregnated and jilted by the rapper after life-threatening abortion complications.

In the said song, the rapper admitted they had a relationship but refuted several other claims in an approach many have termed ‘immature and disrespectful’.

However, Tracy, who has since been silent on the entire development and in the midst of the wild reactions on social media, has taken to Instagram to write, ‘Proverbs 19:5’.

The Bible verse reads, “A false witness will not go unpunished, and whoever pours out lies will not go free.”

Although it is unclear who the content of the Bible verse was directed to, netizens have linked it to either her husband or Yvonne Nelson.

Sarkodie’s response to Yvonne Nelson that caused a stir online

Sarkodie has released a track titled ‘Try Me’, which is a response to Yvonne Nelson’s allegations.

One can recall that after narrating how the rapper impregnated her and denied responsibility, Yvonne Nelson, in her memoir, also detailed how he drove her to a health facility where she bled profusely in his absence.

In a chapter titled ‘Abortion’, in her book, ‘I Am Not Yvonne Nelson’, the actress disclosed how Sarkodie accompanied her to the Mamprobi Polyclinic for abortion and since never bothered to find out how the procedure went.

However, telling his side of the story in the single, ‘Try Me’, Sarkodie detailed that it was Yvonne’s sole decision to abort the pregnancy.

Although the rapper admitted that they had a relationship, he said Yvonne was only playing victim and taking advantage of the fact that the world listens to women more than men.

Source: Ghana Web

Sarkodie teases release of ‘Try Me’ single with exciting visuals

Ghanaian rapper Sarkodie recently delighted his fans by sharing exciting news about an upcoming visual project for his newly released single.

Taking to Twitter, the acclaimed artiste expressed his eagerness to unveil fresh visual content to his loyal supporters. In a playful tone, he humorously remarked how he nearly missed the opportunity but assured everyone that the wait would be worthwhile.

“Almost skipped me… got some visuals for y’all today… Gimme a little time.”

However, amidst the anticipation for Sarkodie’s new release, a controversy unfolded when a woman named Yvonne made claims about Sarkodie impregnating her in 2010.

Yvonne alleged that Sarkodie pressured her into having an abortion because he did not want to keep the baby.

In response to these serious allegations, Sarkodie promptly released a track titled ‘Try Me.’

Through this song, he directly addressed Yvonne’s accusations of pregnancy and denial, asserting that it was Yvonne’s personal decision to undergo the abortion.

Sarkodie further alleged that Yvonne was manipulating the situation, exploiting the societal tendency to give more credibility to women’s voices.

Yvonne, however, took to Twitter to express her dissatisfaction with Sarkodie’s reply. She engaged in a series of passionate rants aimed at addressing the lyrics that she found most hurtful.

As the controversy surrounding Sarkodie and Yvonne continues to unfold, the public eagerly awaits further developments in the scandal.

Source: Ghana Web